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Contact Name
Safrilia Ayu Nani
Contact Email
bpjfeb@ub.ac.id
Phone
+6285708508515
Journal Mail Official
ieff@ub.ac.id
Editorial Address
Jl. MT Haryono No 165 Malang Fakultas Ekonomi dan Bisnis Universitas Brawijaya
Location
Kota malang,
Jawa timur
INDONESIA
Islamic Economics and finance in Focus (IEFF)
Published by Universitas Brawijaya
ISSN : -     EISSN : 29641233     DOI : 10.21776/ub.ieff
Publish all forms of quantitative and qualitative research articles and other scientific studies related to the field of Islamic Economics and finance.
Articles 15 Documents
Search results for , issue "Vol. 3 No. 2 (2024)" : 15 Documents clear
ANALISIS PERILAKU EKONOMI RUMAH TANGGA PETANI JAGUNG DI DESA BANYUBANG BERDASARKAN PERSPEKTIF EKONOMI ISLAM Ah Miftahul Alim; Asfi Manzilati
Islamic Economics and finance in Focus Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2024.03.02.12

Abstract

The research aims to understand the economic behavior of farmer households based on Islamic economic views. So that it can provide a broader perspective on how to address economic problems, especially in rural areas by considering the principles of justice, sustainability, and balance between worldly and spiritual needs. Quantitative methods with descriptive analysis and average difference tests as analytical tools. The analysis results show that the economic behavior of farmer households in Banyubang village in terms of income comes mostly from corn production, around 37% of farmers have off-farm income and 29% of farmers have non-farm income. After testing, the results were obtained that there were differences in the consumption of farmer households in Banyubang Village before and after harvest. The condition of economic behavior of farmer households in Banyubang Village is based on the Islamic economic perspective, it can be seen that farmer households implement production and consumption activities based on Islamic law, such as producing halal goods, using capital free from usury and farmer households in Banyubang Village live economically without being wasteful and allocate income for needs in accordance with Islamic law such as zakat, infaq and shodaqoh.
ANALISIS PENGARUH VARIABEL MAKROEKONOMI TERHADAP JAKARTA ISLAMIC INDEX (JII) (PERIODE 2011-2022) Raffy, Muhammad Raffy Nugraha; Iswan Noor
Islamic Economics and finance in Focus Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2024.03.02.14

Abstract

This research aims to analyze the influence of macroeconomic variables on the movement of the Jakarta Islamic Index (JII) during the period 2011-2022. The considered macroeconomic variables encompass economic growth, inflation, interest rates, exchange rates, and the Composite Stock Price Index (IHSG). The analytical method employed is regression analysis, complemented by classical assumption tests. The research findings indicate that inflation, interest rates, and IHSG significantly influence the movement of JII, while economic growth and exchange rates do not exhibit significant effects. The implications of these findings underscore the importance of considering macroeconomic factors in making investment decisions within the Sharia-compliant capital market, particularly concerning JII. However, it is essential to acknowledge certain limitations in this study, such as data constraints and generalization limitations. Therefore, the results should be interpreted cautiously, taking into account other potential factors that may impact the movement of JII.
PERAN BAZNAS INDONESIA DALAM UPAYA MENDUKUNG PROGRAM SDGS (STUDY CASE : POIN 1 NO POVERTY DAN 4 QUALITY EDUCATION DI INDONESIA) Hasibuan, Riyadi; Dwi Retno Widiyanti
Islamic Economics and finance in Focus Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2024.03.02.09

Abstract

The aim of this research is to find out the role of the National Zakat Amil Agency (BAZNAS) in supporting the Sustainable Development Goals (SDGs) Agenda in Indonesia, namely point 1 without poverty and point 4 quality education through superior programs owned by BAZNAS. This research method is qualitative research with a systematic literature approach using PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-analysis). The reading sources used in this research were obtained from journals, books, books, magazines, newspapers, trusted websites, and other records that are relevant to the problems to be discussed. The research results from the articles analyzed show that there are programs owned by BAZNAS, in the SDGs problem point 1, namely without poverty, there is a mustahik empowerment program and for problem point 4, namely quality education, there is the Beasiswa Cendekia and Sekolah Cendekia programs. The existing programs show that BAZNAS has contributed to solving the problem of poverty and improving the quality of education in Indonesia, which is in line with the SDGs program points 1 and 4. However, several articles also state that the role of BAZNAS in achieving the SDGs goals has not been fully achieved, it is necessary there are several things that need to be improved and good cooperation between BAZNAS, the government and the community
ANALISIS PERAN KOPERASI SYARIAH BAGI MASYARAKAT Faiz Qadri Sahri Lubis; Khusnul Ashar
Islamic Economics and finance in Focus Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2024.03.02.02

Abstract

This research aims to determine the role of sharia cooperatives in improving welfare and the mechanism for distributing productive financing to the community, especially traders around the Medan Tasbih Complex. The research method used is descriptive analytical research using data collection through field observation, interviews and documentation. The results of this research show that the BMT Al-Musabbihin sharia cooperative has provided many benefits for the community to gain prosperity and be free from the detrimental practice of usury and reduce the dependence of small traders from financial institutions on conventional banks and loan sharks. The BMT AL Musabbihin sharia cooperative has played a role in providing business credit to increase business capital through savings and loan credit, namely providing investment capital to its members, especially among Small and Medium Enterprise (SME).
FAKTOR – FAKTOR YANG MEMENGARUHI MINAT BERINVESTASI PADA DEPOSITO SYARIAH Pasha, Rafithoriq Aditya Pasha; Kornitasari, Yenny
Islamic Economics and finance in Focus Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2024.03.02.06

Abstract

This research was conducted to identify the factors that influence a person’s interest in using Sharia deposits. The purpose of this research is to broaden public knowledge about Sharia deposit products, and to determine whether investment knowledge factors, risk preference factors, and income factors influence investment interest in Sharia deposit products. The research method used is descriptive analysis research with data collection through questionnaires or surveys on the productive age workforce in DKI Jakarta. The results of this study indicate that the independent variables in this study have a positive and significant effect on the interest in using Sharia deposit products. With the many investment products offered, deposits are still an option for investing and are still one of the safe investments for investors even though the returns obtained by depositors are relatively low compared to other investment products.
FAKTOR PENENTU PROFITABILITAS BPR SYARIAH DAN EFEK PERATURAN DAERAH: STUDI KASUS PROVINSI ACEH Azis, Saiful; Al Muizzuddin Fazaalloh
Islamic Economics and finance in Focus Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2024.03.02.07

Abstract

This Nanggroe Aceh Darussalam is a province with the highest percentage of Muslim population in Indonesia. This is accompanied by the special privilege given to Aceh to implement local regulations in the form of Qanun LKS, which regulates financial institutions based on Islamic Sharia principles. The purpose of this study is to analyze the factors that determine the profitability level of Sharia-based Rural Banks (BPR Syariah) in Aceh province, as well as the effect of Qanun LKS regulations. The data used in this study is panel data with a period from 2012 to 2021. The estimation method used is pooled OLS with a random effects model. The results of this study indicate that the Capital Adequacy Ratio (CAR) and Financing to Deposite Ratio (FDR) have a positive influence on profitability, as represented by Return on Assets (ROA), of Sharia-based Rural Banks in Aceh province. On the other hand, Operating Expenses and Operating Income (BOPO) have a negative impact on profitability. However, the Non Performing Finance (NPF) variable and the Qanun LKS dummy variable are not significant in influencing the profitability of Sharia-based Rural Banks in Aceh province.
ANALISIS PENGARUH PENYALURAN ZIS TERHADAP PERTUMBUHAN EKONOMI INDONESIA TAHUN 2016 - 2021 Zaky, Mu'ammar; Nurul Badriyah
Islamic Economics and finance in Focus Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2024.03.02.08

Abstract

This The objective of this research is to analyze the partial and simultaneous effects ZIS (zakat, infaq, and sadaqah) distribution, inflation, and exchange rate on economic growth in Indonesia during the 2016-2021 period. This quantitative study uses time-series secondary data during the span of 2016 to 2021, which was analyzed using multiple linear regression and classical assumption test. The results indicate that ZIS distribution, inflation, and exchange rate partially have positive and significant effects on economic growth in Indonesia and that they simultaneously have significant impacts on economic growth in Indonesia. Further, the adjusted R2 value demonstrates that the three variables above are able to explain Indonesia’s economic growth by 66.4%. The remaining 33.6% or 0.336 is explained by other variables not included in this research. Keywords: multiple linear regression, inflation, exchange rate, zakat distribution, economic growth, time series
PEMBIAYAAN BAGI HASIL: ANALISIS PENGARUH FAKTOR INTERNAL DAN FAKTOR EKSTERNAL BANK SYARIAH Widawati, Exvita; Wildana, Muhammad Dandy Alif
Islamic Economics and finance in Focus Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2024.03.02.01

Abstract

The rapid development of the Islamic banking industry in Indonesia is evident in the substantial share of profit and loss sharing (PLS), particularly when compared to other nations. However, on regional scale, PLS as a primary product of Islamic banks has yet to assert dominance of disbursed financing. Analysis of internal and external factors that influence PLS of Islamic banks in Indonesia will be the focus of the research. The Error Correction Model method was chosen to determine the effects in the short and long term. Time series analysis was carried out in the time period January 2015 to December 2022. This research found that internal factors, Third-Party Funds had a positive and significant effect on PLS in the short and long term. Then Allowance for Impairment Losses in the short term does not have a significant effect but in the long term it has a negative and significant effect. Interestingly, PLS is not sensitive to CAR and economic growth. This research shows the resilience of Islamic banks in facing the crisis caused by the Covid-19 pandemic. PLS grew higher in the period after the Covid-19 Pandemic compared to before the Covid-19 Pandemic. The implications of these findings encourage Islamic banks to develop products and services, tighten risk management in the long term, and expand the market share of Islamic banks.
ANALISIS PENINGKATAN KESEJAHTERAAN MUSTAHIK DARI SEGI SPIRITUAL DAN MATERIAL MENGGUNAKAN METODE CIBEST (STUDI KASUS: PROGRAM KUM DI YDSF MALANG) Naufal Mahadika Driantama; Sri Muljaningsih
Islamic Economics and finance in Focus Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2024.03.02.05

Abstract

Poverty in Indonesia is a complex and structured problem. Therefore, comprehensive policies are needed to address poverty. Empowerment of hive-based, productive-based societies can have a positive and optimal impact on reducing poverty, while also improving the economic well-being. Cibest's methods become one of the alternatives to measure the impossible's spiritual and material well-being. The purpose of this study is to determine poverty conditions before and after receiving help from poor kum DSF program and to see the role of laznas in empowering zakat. The research methods used use a descriptive quantitative analysis approach and use primary data. The source of this research is umkm the beneficiary of the wretched kum YDSF program. In the data collection technique using a likert scale questionnaire. The result of this study was that the first change in living conditions in quadrant ii (poor spiritually) was 7 mustahik, reducing only 2 improbable. It is impossible to move to the prosperous quadrant of spiritual and material prosperity. For the capitals financing financing scheme of empowering the mustahik at the poverty poverty is divided into four elementary, pre intermediate, intermediate, and advanced classes.
ISLAMIC SOCIAL FINANCE AND MACROECONOMIC DYNAMICS: UNVEILING CONNECTIONS THROUGH TIME SERIES ANALYSIS Rahayu, Eluvia Nanda; Pimada, Laila Masruro
Islamic Economics and finance in Focus Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2024.03.02.04

Abstract

There are 87 percent of Muslims in Indonesia who provide high zakat potential. This is evidenced by the collection and distribution of zakat which has always experienced significant growth over the past decade. Zakat distribution program for mustahik was formed to help mustahik daily life such as distribution of the economic, education, health, humanitarian and da'wah sectors. However, the existing reality explains that distribution of zakat has not yet supported economic. growth, poverty reduction, and human development over the past decade. Given this phenomenon, this study aims to examine the effect of zakat on economic growth, poverty, and human development in the short and long term in 2011-2022. This research was conducted using Vector Error Correction Model (VECM) method with 48 samples. The estimation results from this study state that the distribution of zakat has a significant effect on economic growth, poverty, and human development in the short and long term. Based on the estimation results, this research contributes in the form of policy advice on the distribution and utilization of zakat in Indonesia.

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